Gov’t debt audit to examine risks for sound economy – People’s Daily Online

English: Logo of the People's Daily 中文: 人民日报题字

English: Logo of the People’s Daily 中文: 人民日报题字 (Photo credit: Wikipedia)

This is an interesting story from China’s People’s Daily Online. It’s a RECOMMENDED READ. Check it out!

via Gov’t debt audit to examine risks for sound economy – People’s Daily Online.

For me, the article highlights once again the decisiveness of China’s Central Government. It’s also signals mature judgement in both listening to the IMF and turning to the auditors.

Sadly, many Western Governments, and the European Parliament could learn a lesson or two here.

Perhaps, we need the IMF to take a close look at the finances of the European Parliament? Or just imagine if we had a bold UK Prime Minister who turned to the IMF over the economic viability of the NHS. It’s interesting that Angela Merkel was keen to use the IMF in Southern Europe but perhaps not too close to home!

Any thoughts?

Enhanced by Zemanta

Dr Alf Best Twelve Blogs 2011

20090110 money printing-01

Image via Wikipedia

Dear Readers,

Many thanks for your support since I started blogging in February 2011 as a complete novice.

It’s been an amazing  journey of discovery, learning and a lot of fun! 

I thought that you might be interested to know which were my top twelve blogs for 2011. 

They are ranked below according to number of hits, with the the most popular first (highest number of hits).

  1. What are the three types of Interim Management assignment?

  2. UK Local Authorities & Shared Services: Cost-Cutting – Myth or Reality?

  3. What’s the difference between an Interim Manager and a Management Consultant?

  4. Utilising Professional Interims to Help Reduce the Budget Deficit – Removing Catch 22?

  5. Interim Management: Ten Emerging Trends and Outlook for the Future

  6. Public Sector Performance: Catch 22 type Dilemmas

  7. Public Sector Catch 22: The Role of “IT” in Business Transformation

  8. The Open Public Services White Paper, the Budget Deficit and Thirteen Key Reasons for the Government to Deploy Professional Interims for Risk Reduction?

  9. Public Sector Catch 22: Structural Reform, Strategy and Implementation – How to avoid a Omnishambles Recovery Programme?

  10. Public Sector Catch 22: Cost-Cutting Vs. Cost Reduction

  11. Cabinet Office & Treasury Score Own Goal with “Catch 22″: More Myths, Realities & Escalating Risks?

  12. The Every Day Reality of the Professional Interim

You will probably have noticed that I have revamped my blog in the last month and changing the content.

I hope that you will continue to read my blog in 2012 as it evolves.

Let me take this opportunity of wishing you warmest season’s greeting and best of luck for 2012!


Dr Alf